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Dec 31, 2012
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you name it, a tough time for america's biggest egg company. >> yeah. what about magelin health services? >> they are tanking after one of their biggest customers decided not to renew their con trablgt. contract /* /- i know it doesn't sound like a lot, but they won't renew their contract with magellan on that news. >> there is a latest twist in this, a good one, bristol meyers squib and pfizer. >> the clot drug we have told you about, with approvals in japan and other countries for these drugs, they have a lot riding on eliquis. >> stellar for the past quarter of s&p and moving higher again today. >> yeah. over the past quarter, you're exactly right. you have seen criticism because the news is that the ceo has a million underpay. stock has done very well as mandy noted. a pay cut this year, so going back next year. look at the stock chart, still well off highs. some people say, why does he deserve any kind of a raise? i don't know. you can decide yourself. >> apple is moving 209 upside. this is yet another twist in the tale of this ongoing patent dispu
you name it, a tough time for america's biggest egg company. >> yeah. what about magelin health services? >> they are tanking after one of their biggest customers decided not to renew their con trablgt. contract /* /- i know it doesn't sound like a lot, but they won't renew their contract with magellan on that news. >> there is a latest twist in this, a good one, bristol meyers squib and pfizer. >> the clot drug we have told you about, with approvals in japan and other...
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Dec 31, 2012
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america's economy held hostage gips at 6:00 p.m. eastern time tonight. >> indeed it does. >>> also insiders view now it is a fact we are going over the cliff. what does it mean when we start trading on wednesday? >>> when we come back, a couple of technology pros gaze into their crystal balls this new year's eve. one of them thinks facebook will buy netflix and microfox will take over research in motion. oh, yeah? we'll talk about that coming up. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "na
america's economy held hostage gips at 6:00 p.m. eastern time tonight. >> indeed it does. >>> also insiders view now it is a fact we are going over the cliff. what does it mean when we start trading on wednesday? >>> when we come back, a couple of technology pros gaze into their crystal balls this new year's eve. one of them thinks facebook will buy netflix and microfox will take over research in motion. oh, yeah? we'll talk about that coming up. [ male announcer ] at...
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Dec 31, 2012
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bank of america has given us barely anything right now. >> those are all quite valuable. i think rotating out of bac going into a financial other type but equal quality, so to speak, makes a lot of sense. but i think as it goes, the dow herery here or the implication of buying the dogs of the dow is not going to work presumptively in 2013. >> and you agree, too, jeff, huh? >> absolutely with hpq. listen. carter said it. they're in a dying business. and the businesses that they're in, they're not leading. if you're not leading, that's a recipe for underperforming. >> let me ask you both very quickly. last year if we were standing here, would either of you said that you thought b of a would have been the best performing dow this year? >> no way. >> jeff? >> absolutely not. >> your honor, i rest my case. happy new year, guys. >> happy new year, bill. >> thanks very much. >>> we're still sitting up by nearly 100 points on the dow. president obama earlier on today saying it does appear a deal on the fiscal cliff is nearing. it is within sight. obviously a bit of work still to
bank of america has given us barely anything right now. >> those are all quite valuable. i think rotating out of bac going into a financial other type but equal quality, so to speak, makes a lot of sense. but i think as it goes, the dow herery here or the implication of buying the dogs of the dow is not going to work presumptively in 2013. >> and you agree, too, jeff, huh? >> absolutely with hpq. listen. carter said it. they're in a dying business. and the businesses that...
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Dec 1, 2012
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i believe america only thrives when we have a strong middle class. i believe we are at our best when everybody gets a chance to get ahead. we were talking about these guys' dads. just passed away at the age of 101. these guys have good genes in addition to inventive minds. the stories about businesses, hiring folks, making sure you can get ahead, that is what america is all about. that is at the heart of the plan that i have been talking about all year. i want to reward manufacturers and small businesses that create jobs in the united states. not overseas. [applause] by the way, this is a company, one of the few companies in the toy industry, that aggressively moved jobs back here. that is a great story to tell. [applause] because we have the best workers in the world. and the most productive workers in the world. we need champions for american industry creating jobs here in the united states. i want to give more americans the chance to learn the skills that businesses are looking for right now, and i want to give our children the kind of education t
i believe america only thrives when we have a strong middle class. i believe we are at our best when everybody gets a chance to get ahead. we were talking about these guys' dads. just passed away at the age of 101. these guys have good genes in addition to inventive minds. the stories about businesses, hiring folks, making sure you can get ahead, that is what america is all about. that is at the heart of the plan that i have been talking about all year. i want to reward manufacturers and small...
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Dec 1, 2012
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they've fallen in europe, asia, south america. i mean, it's happening everywhere because countries want to [ overlapping speakers ] >> i have never said tax rates don't matter. [ overlapping speakers ] >> governor howard dean. >> i adegree, howard, we need stable tax rights. i agree with that. i'd just like to have a flat tax. steve moore, thank you very much. i appreciate it. >>> folks before we go i want to send my very best wishes to my long-time friend and producer donna mizlocky moving on to new opportunities for the next leg of her successful career. donna, thank you and good luck. that's it for this evening's show. [ abdul-rashid ] i've been working since i was about 16. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- "i'm done. i'm out of here." you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ ♪
they've fallen in europe, asia, south america. i mean, it's happening everywhere because countries want to [ overlapping speakers ] >> i have never said tax rates don't matter. [ overlapping speakers ] >> governor howard dean. >> i adegree, howard, we need stable tax rights. i agree with that. i'd just like to have a flat tax. steve moore, thank you very much. i appreciate it. >>> folks before we go i want to send my very best wishes to my long-time friend and...
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Dec 27, 2012
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. >> welcome to america. >> they are teaching us fiscal irresponsibility. want us to pay our mortgage on time, pay our taxes on time when they seem to not be able to do anything on time themselves. >> well, that's a softball for you, rick. >> and the entire argument that, you know, the wealthy, they don't mind. they vote for higher taxes. they don't spend the money anyway. tell that to all the cottage industries, people that help with housework, watch the kids, vacations, airlines, i don't buy into it. i think that's one of the reasons stocks act the way they do. i'll tell you. i have a different slant on this. i'm not a big scott brown follower. i think he's a little different, in my book, but that tweet he sent where the president made the gop a deal and he was jumping on a plane and all of a sudden the white house denied it's true and now we see that the house of representatives, for no apparent tangible reason, going to be back in session on sunday, i personally think scott brown tweeted something he wasn't supposed to. i think there is movement there,
. >> welcome to america. >> they are teaching us fiscal irresponsibility. want us to pay our mortgage on time, pay our taxes on time when they seem to not be able to do anything on time themselves. >> well, that's a softball for you, rick. >> and the entire argument that, you know, the wealthy, they don't mind. they vote for higher taxes. they don't spend the money anyway. tell that to all the cottage industries, people that help with housework, watch the kids,...
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Dec 16, 2012
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that is not the type of leadership that america wants. americans want republicans and democrats to sit down and figure it out. i think we are either going to succeed together or we are going to fail together, but it starts with us working together. that's what needs to happen. we need to have leadership from the president. as republicans, we are demanding that we address the out-of-control spending that this country faces, and the debt that this country faces. >> what do you consider to be a band aid that the president prome -- proposed? >> well, a band aid would be suggesting that somehow just addressing the tax situation and not addressing the larger issue of the spending, that doesn't solve the problem, because we're going to have the continued deficit and the debt. >> what if there were taxes on upper income americans with an agreement that come the new year we would sort it out. yes, it would be a band aid, but it would hold us over for six weeks. >> that is a discussion to have. from my perspective, this is the discussion we need to
that is not the type of leadership that america wants. americans want republicans and democrats to sit down and figure it out. i think we are either going to succeed together or we are going to fail together, but it starts with us working together. that's what needs to happen. we need to have leadership from the president. as republicans, we are demanding that we address the out-of-control spending that this country faces, and the debt that this country faces. >> what do you consider to...
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Dec 21, 2012
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. >> bank of america. i like this name. meredith whitney talked about dividend potential for next year. i like it a lot. >> steven weiss? >> thank you. i like bank of america too for my friend pete here. but i will talk about aig. i think it'll be a great company again next year. put a dividend in there. buy it. >> which they want to do. >> they want to do. >> he's done a phenomenal job. like gm, everybody made money. >> is that too much time? >> way too much time. >> are you 50? >> no, not yet. >> that does it for us. don't forget to catch "money in motion" and options this evening. have a great evening. follow me on twitter. and power starts now. >>> and we welcome you to "power lunch." we have three major news conferences in washington, d.c. president obama will nominate senator john kerry to be his next secretary of state. harry reid will be on the senate floor and house minority leader nancy pelosi will discuss the cliff crisis. with plan b history, washington is scrambling to get a deal done. the markets however are d
. >> bank of america. i like this name. meredith whitney talked about dividend potential for next year. i like it a lot. >> steven weiss? >> thank you. i like bank of america too for my friend pete here. but i will talk about aig. i think it'll be a great company again next year. put a dividend in there. buy it. >> which they want to do. >> they want to do. >> he's done a phenomenal job. like gm, everybody made money. >> is that too much time? >>...
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and not only are the engines in here made in america, but engines are made in america and are exported. the glass on this phone is made in kentucky. so we've been working for years on doing more and more in the united states. next year we will do one of our exirsing mac lines in the united states. >> let's say our constitution was a little different and barack obama called you in tomorrow and said, get everybody out of china and do whatever you have to do, make these, make everything you make in the united states. what would that do to the price of this device? >> i honestly -- it's not so much about price, it's about the skills, et cetera. over time there are skills that are associated with manufacturing that have left the u.s. not necessarily people but the education stops producing them. >> that's sad. how do we get that back? sbl well, it is a concerted effort to get them back. with this project that i've talked about where we will do a mac in the united states next year? i think this is a really good another step for us. the consumer electronics world was really never here. so it
and not only are the engines in here made in america, but engines are made in america and are exported. the glass on this phone is made in kentucky. so we've been working for years on doing more and more in the united states. next year we will do one of our exirsing mac lines in the united states. >> let's say our constitution was a little different and barack obama called you in tomorrow and said, get everybody out of china and do whatever you have to do, make these, make everything you...
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Dec 27, 2012
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the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. any time bhth speaker and the republican leader come to the president and say we've got a deal for you. the president's door is always own, and mine is, too. >> the senate is back in session today and a lot of looking backwards, not necessarily looking forwards. certainly not so concise recap of harry reid of where we've been on the negotiations and the lack thereof. spinning going on in washington and not the kind done on an exercise bicycle. eamon. >> not the senate's job to be concise, let alone the senate majority leader. never been known for that. that's not going to change, but what harry reid is saying it's their fault. we already heard from mitch mcconnell, the republican leader, it's their fault, it's the democrats. finger-pointing in washing,ton, but what i heard from speaker bain e. he said we's expecting a new proposal by the president. swu the communication is off on the capitol hill switchboard but mcconnell sounds an awful like a guy that the pres
the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. any time bhth speaker and the republican leader come to the president and say we've got a deal for you. the president's door is always own, and mine is, too. >> the senate is back in session today and a lot of looking backwards, not necessarily looking forwards. certainly not so concise recap of harry reid of where we've been on the negotiations and the lack...
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obviously, across america. we're focused mostly on the northeast, for sure, being in manhattan as we are. but we see strength in markets across -- not just across the united states, but also globally. and that kind of thing has gone to, i think, a level of education and interest that certainly has been burgeoning in america for the last ten or 15 years. now as markets become more sophisticated and get up to speeds with these levels of fine wine we're seeing that accelerate not just in the far east, but in emerging markets. >> and, chris, what are you popping open tonight? >> i think i'm going to have some roanarke champagne tonight. we're going to cheer a difficult end of the year in terms of what we want through regionally, but we're going to look forward to hopefully a fantastic year coming up. >> all right. he's staying traditional. chris adams is chairman and ceo of sharely lehman. thanks very much. >>> straight after the break, we take a look at whether chinese companies are helping iran break u.s. trade e
obviously, across america. we're focused mostly on the northeast, for sure, being in manhattan as we are. but we see strength in markets across -- not just across the united states, but also globally. and that kind of thing has gone to, i think, a level of education and interest that certainly has been burgeoning in america for the last ten or 15 years. now as markets become more sophisticated and get up to speeds with these levels of fine wine we're seeing that accelerate not just in the far...
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Dec 30, 2012
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- ♪ america - ♪ wilalways stand ♪ history ♪ will write the story ♪ america ♪ will always stand ♪ gerri: if you are looking to upgrade your smart phone, we have tips about how to make money and protect personal data. a ceo joins me now, sergio, it's great to have you. >> thank you for having me. gerri: okay, how much money can you make? >> you try to sell -- if you are going to buy an iphone-5, you're probably in the contract. if you actually have an iphone 4-s, you can sell the 4-s for about $480. gerri: are you kidding me? a routine that much value? >> yes, they do. gerri: let's talk abt the models that are best to sell. i assume that $100 or $280 is not what everyone gets on every model. which model do you suffer the most. you get a lot of money for the newer versions, but it depends on where you are. blackberries are not touching a lot of money, but it is till proment outsidthe u.s. you can get pretty good money r them if you get the android phones, some of the newer ones. there are over 400 models of smart phones. gerri: is crazy. and everyone is stealing these apple iphone is. it
- ♪ america - ♪ wilalways stand ♪ history ♪ will write the story ♪ america ♪ will always stand ♪ gerri: if you are looking to upgrade your smart phone, we have tips about how to make money and protect personal data. a ceo joins me now, sergio, it's great to have you. >> thank you for having me. gerri: okay, how much money can you make? >> you try to sell -- if you are going to buy an iphone-5, you're probably in the contract. if you actually have an iphone 4-s, you can...
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simply because when you look at corporate america, the average company, bill, is generating a 16% to 17% return on equity, record free cash margins and a federal reserve that has the pedal to the metal. what you and i have talked about before repeatedly, $4 in taxes for every dollar in phantom spending cuts. that's fiscal irritation, but the health of corporate america will be what ultimately prevails. >> sounds like david has been reading your book, rick santelli. >> it does. >> big fan of rick. >> this is such a perverse world we live in, okay. let's look as what's happening. down 158 in stocks and that pushed the ten-year yield under 170, okay. >> really. let me get this straight. they can't get a deal on controlling out-of-control debt, so rates go down. i used to trade during graham/rudman and i remember when they couldn't get deficit conversations right, treasuries went down and stocks went down. oh, would i love to get back to that type of reality. >> yeah. but you had a different guy at the federal reserve at the time. >> yeah, a different guy, you know, in hindsight he was m
simply because when you look at corporate america, the average company, bill, is generating a 16% to 17% return on equity, record free cash margins and a federal reserve that has the pedal to the metal. what you and i have talked about before repeatedly, $4 in taxes for every dollar in phantom spending cuts. that's fiscal irritation, but the health of corporate america will be what ultimately prevails. >> sounds like david has been reading your book, rick santelli. >> it does....
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Dec 26, 2012
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the weather wreaking havoc around america again. retail stocks melting down as the consumer finally caved in. a storm of another kind, the fiscal cliff, just days away but there's yet another threat out there which might even have a bigger impact on the economy. we'll tell you what it is. that story ahead. >>> plus, herbalife decides the best defense is a good offense and why amazon and netflix are suddenly feuding like the hatfields and mccoys. >> hello, everybody. on the fourth last trading day of this year, it is worth looking at the tally year-to-date. the dow has gained about 7%. the s & p is up about 13%. the best still could be to come as since 1928, the s & p averaged its greatest gains in the last few days of the month. of course we now have to deal with the fiscal cliff. also, the nasdaq is the percentage winner with a gain of 15% this year. which, by the way, is exactly the same as australia's asx. >> two minutes into the show, already an australia reference. shameless. >> shameless. >>> all right. could be a humbug chris
the weather wreaking havoc around america again. retail stocks melting down as the consumer finally caved in. a storm of another kind, the fiscal cliff, just days away but there's yet another threat out there which might even have a bigger impact on the economy. we'll tell you what it is. that story ahead. >>> plus, herbalife decides the best defense is a good offense and why amazon and netflix are suddenly feuding like the hatfields and mccoys. >> hello, everybody. on the fourth...
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Dec 29, 2012
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we have a special report "america's economy held hostage," why sunday night you ask? because the house leadership is ng back. the house of representatives is coming back and congress will suppose lead work all weekend to come up with something to vote sunday night or maybe on monday. >>> another leadership crisis involving the failing relations with russia. the adoption ban with the u.s. now in place. will the white house respond? will the president cancel his planned trip to moscow? we'll have more on that next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... to the best vacation sp(all) the gulf! it doesn't matter which o
we have a special report "america's economy held hostage," why sunday night you ask? because the house leadership is ng back. the house of representatives is coming back and congress will suppose lead work all weekend to come up with something to vote sunday night or maybe on monday. >>> another leadership crisis involving the failing relations with russia. the adoption ban with the u.s. now in place. will the white house respond? will the president cancel his planned trip to...
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a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. >>> welcome back to "fast money." jcpenney was one of the worst performers in the s&p 500 today. "the wall street journal" saying 2013 is the do or die moment for retrailers like jcpenney along with best buy, sears and radio shack. what is remarkable to me, stephen weiss, is that a lot of analysts are finally getting behind ron johnson and his style, because jcpenney has reverted back to its promotion always, which didn't work in the first place. >> it's m
a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and...
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Dec 31, 2012
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they seem to have lost so much ground in the meantime it will be kind of america. gerri: the biggest loser, sony. >> yes. and then you don't hear any more. the acquired their mobile alarm bell little over a year ago. made promises to innovate. none of that has happened, so maybe we will see what happens next month. gerri: we have to talk about what we teased. the iphone five. tell me, should i not by a? >> it's a great product. the only problem is apple maps which is a key part of there mobile experience and how to get around. now that too will released bill will maps for the iphone. the original maps and the iphone. now that is back the iphone five is completing an. gerri: your okay. >> i'm okay. gerri: thank you for coming on. appreciate your time. have a great new year's. gerri: youtube. we'll be right back. ♪ - ♪ what's wrong with the world, mama ♪ ♪ people livin' like they ain't got no mamas ♪ ♪ i think the whole world's addicted to the drama ♪ ♪ only attracted to the things that'll bring the trauma ♪ ♪ yeah, madness is what you demonstrate
they seem to have lost so much ground in the meantime it will be kind of america. gerri: the biggest loser, sony. >> yes. and then you don't hear any more. the acquired their mobile alarm bell little over a year ago. made promises to innovate. none of that has happened, so maybe we will see what happens next month. gerri: we have to talk about what we teased. the iphone five. tell me, should i not by a? >> it's a great product. the only problem is apple maps which is a key part of...
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Dec 12, 2012
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god bless america is playing in the background. do i really want bob costas giving me a dissertation on the second amendment? i want to watch football >> jon: really? that's when i go take a piss. but okay. yes an nfl half time show is no time to talk about violence in the nfl. it's a time to watch endless slow-motion replays of that today's hardest hits. that was a great hit. yeah, i think the guy's brain came out of his ear hole on that one. sucking it up like a man. of course he'll never be the same again. half time isn't the right time. what about at a press conference? what about at a press conference like after the aurora shooting s when the mayor of new york called for an examination of gun laws? >> the body is not even out of the theater before he started to jump into this debate. i think there is some level of political protocol that you need to have in a tragedy like this where you wait. be quiet for 24 hours at least. >> jon: that's clearly in that situation it's not where it is being discussed but when. i'm assuming tha
god bless america is playing in the background. do i really want bob costas giving me a dissertation on the second amendment? i want to watch football >> jon: really? that's when i go take a piss. but okay. yes an nfl half time show is no time to talk about violence in the nfl. it's a time to watch endless slow-motion replays of that today's hardest hits. that was a great hit. yeah, i think the guy's brain came out of his ear hole on that one. sucking it up like a man. of course he'll...
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Dec 31, 2012
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dramatically cut the capital gains tax rate from 40% to 20% before, so wt we are going to do is kill america's entrepreneurial economy. gerri: let's get into the details of this. why you would want to keep these capital gains taxes low. you say it is an issue of double taxation. >> that's right. corporate profits are taxed at the corporate level. and they are taxed again at the individual level. with the dividend and capital gains taxes. george bush, to his credit, tried to do somethg about that and he chopped the dividend and capital gains tax down to 15%. the effect of that was to reduce the incentive for corporations to take on too much debt. if you tax equity too much, corporations take on too much debt. then it's more likely that the become bankrupt and to destabilize the whole syystem. gerri: you talk a little bit about competitiveness. let's detail that. low pital gains is important to our nation's competitiveness. but also, to the competitiveness of these companies that we are talking about. >> absolutely. let's say that you are a young indian or chinese entrepreneur with a science deg
dramatically cut the capital gains tax rate from 40% to 20% before, so wt we are going to do is kill america's entrepreneurial economy. gerri: let's get into the details of this. why you would want to keep these capital gains taxes low. you say it is an issue of double taxation. >> that's right. corporate profits are taxed at the corporate level. and they are taxed again at the individual level. with the dividend and capital gains taxes. george bush, to his credit, tried to do somethg...
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you're about to find out just how badly it's turned out and why we in america should pay attention. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... well, if itmr. marg
you're about to find out just how badly it's turned out and why we in america should pay attention. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera...
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Dec 29, 2012
12/12
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gwen: good evening. 2012 was a remarkable year one that was shaped by other exploration of america's essential divide, red vs. blue, yes. but also red vs. red. congress vs. the white house and when it came to foreign policy, whether and how to intervene. we begin, of course, with election 2012. >> thank you, new hampshire. tonight we made history. he is the worst republican in the country to put up against barack obama. >> if you've got a business, you didn't build that. >> president obama promised to begin to slow the rise of the oceans and to heal the planets. my promise is to help you and your family. >> when you pick up that ballot to vote, you will face the clearest choice of any time in a generation. >> there are 47% of the people who will vote for the president no matter what. 47% who are with him. >> i have just called president obama to congratulate him on his victory. >> and whether i earned your vote or not, i have listened to you. i have learned from you. and you've made me a better president. >> when a president is seeking a second term voters have clear options, stay th
gwen: good evening. 2012 was a remarkable year one that was shaped by other exploration of america's essential divide, red vs. blue, yes. but also red vs. red. congress vs. the white house and when it came to foreign policy, whether and how to intervene. we begin, of course, with election 2012. >> thank you, new hampshire. tonight we made history. he is the worst republican in the country to put up against barack obama. >> if you've got a business, you didn't build that. >>...
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Dec 28, 2012
12/12
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CNBC
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bottom line, whatever happens in the next few days, markets, corporate america and consumers in america are probably going to have to deal with continued fiscal wrangling' in washington for weeks and weeks and weeks. >> we're going to talk more about the fiscal cliff and later on in the show. just coming back to europe for a second or touching on europe -- >> even more boring. >> because i'm quite looking forward to next year and i'm looking forward to hoping that we're not going to be sitting on politicians the same way we have over the last year, two years, looking at every single line that comes out of therefore mouths. i'm hoping we're going to see march of a sense of normality coming back into the european trades. >> as mohamed el-erian said, it's the new normal. nothing is going to happen next year in all probability. there will be the italian electrics. if berlusconi starts to poll better in a run up to the italian elections, which i think will happen, then you're likely to see bonds markets reacting a little bit to that. that could cause problems in the spanish and italian yield
bottom line, whatever happens in the next few days, markets, corporate america and consumers in america are probably going to have to deal with continued fiscal wrangling' in washington for weeks and weeks and weeks. >> we're going to talk more about the fiscal cliff and later on in the show. just coming back to europe for a second or touching on europe -- >> even more boring. >> because i'm quite looking forward to next year and i'm looking forward to hoping that we're not...
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Dec 24, 2012
12/12
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many of these families are third-generation of the entitlement recipients in communities across america. in chicago's cook county, it costs $10 million a month to support them. some reports say next year, one half of all children in new york city will be bored to indigent parents. host: your point in all this? caller: my point is, the money that is being spent on these other entitlement programs have to be cut because these people are able to get out of work and make a nice living, whereas the elderly cannot. guest: i think the main thing to pay it to do about the federal budget -- and this is something that people say flippantly some times. at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the poor, mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut
many of these families are third-generation of the entitlement recipients in communities across america. in chicago's cook county, it costs $10 million a month to support them. some reports say next year, one half of all children in new york city will be bored to indigent parents. host: your point in all this? caller: my point is, the money that is being spent on these other entitlement programs have to be cut because these people are able to get out of work and make a nice living, whereas the...
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Dec 29, 2012
12/12
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. >> susie: you told me there were oil and gas america mergers and you think that tech could be an air yeah weirarea. what kind of gived guidelines can you give to investors so they can take advantage of these trends. >> there is a huge boom inenergy and a boom in tech and healthcarehealthcare in particular and the new healthcare system is going to be a lot. you have to look at companies that have had success but need more capital to get to the next level. exploration and production companies and energy that have done well and need capital. you can raise it or you can join forces with somebody else. very often the decision is to merge and not raise capital and take that risk. >> susie: and in tech what should they look for. tech is such a huge area we have a few seconds left what are your thoughts? >> look at the base companiesand the peripherals they need. the kind of service that's county of victoria to their -- connect to their base line services. >> thanks bob have a greatweekend. bob pro profusek. >> susie: the price of gold fell slightly today, as the fiscal cliff drama in washin
. >> susie: you told me there were oil and gas america mergers and you think that tech could be an air yeah weirarea. what kind of gived guidelines can you give to investors so they can take advantage of these trends. >> there is a huge boom inenergy and a boom in tech and healthcarehealthcare in particular and the new healthcare system is going to be a lot. you have to look at companies that have had success but need more capital to get to the next level. exploration and production...
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Dec 29, 2012
12/12
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♪ america! ♪ america! - ♪ god shed his grace on thee ♪ - ♪ on thee - ♪ and crown thy good with brotherhood ♪ - ♪ from sea to shining sea - ♪ from sea to ♪ to shining sea ♪ america the beautiful ♪ from sea to shining sea ♪ >> we can walk away. we always do. after every single town with in three states to sign up for this and the blows of this economy are almost unbearable, we're going to come back and offer you nothing. we will offer this town nothing. every contract we have signed, every piece of the pie we have offered, it all goes aay. tom: it's halftime, and mandamus new movie is going full throttle to blast fracking, environmentalists are trying to block that type of natural gas drilling, and they are using the film as a rallying cry. demonstrators and no higher today say the movie is inspiring laughlin's mark k. from the heritage foundation says that is ridiculous because fracking is safe and creates jobs. but movies are fictional. they take little license with reali
♪ america! ♪ america! - ♪ god shed his grace on thee ♪ - ♪ on thee - ♪ and crown thy good with brotherhood ♪ - ♪ from sea to shining sea - ♪ from sea to ♪ to shining sea ♪ america the beautiful ♪ from sea to shining sea ♪ >> we can walk away. we always do. after every single town with in three states to sign up for this and the blows of this economy are almost unbearable, we're going to come back and offer you nothing. we will offer this town nothing. every...
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Dec 1, 2012
12/12
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that is next on "the five." ♪ ♪ >> eric: future of america. watch. >> who is your favorite founding father? >> abraham lincoln. >> he's not a founding father. first president. >> i want to get this down on a tape recorder because nobody will believe me. >> george washington. >> what is a founding father? >> hi. i'm earth. have we met? >> what is ben franklin famous for? >> 100th president. >> eric: genius. they're racking up the student loan debt at a record and dangerous pace. in fact, the student loan debt is sitting at trillion dollars. we talk about this all-air for long time. 93% of people student loan debt is held by the government. >> dana: president obama made it more so. he took out private lending last year. we have kids that want college experience. the big college experience. they finished. they can't find jobs. unemployment rate is 40% area. they can't find jobs and they can't pay back the student loans. when it's all to this point and so bad, the government usually will come in and bail everybody out. so then you have no incentiv
that is next on "the five." ♪ ♪ >> eric: future of america. watch. >> who is your favorite founding father? >> abraham lincoln. >> he's not a founding father. first president. >> i want to get this down on a tape recorder because nobody will believe me. >> george washington. >> what is a founding father? >> hi. i'm earth. have we met? >> what is ben franklin famous for? >> 100th president. >> eric: genius. they're...
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Dec 9, 2012
12/12
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. >> if you are gay and alive in our time in america, we're living in a kind of a policy and civil rights renaissance. we have seen extraordinary leadership from other parts of government already. we -- don't we judge presidents by whether they stand tube the moment of history in which they live. we have seen president obama step up to this issue, gay marriage. >> "don't ask, don't tell" now saying he won't enforce doma. >> our military has stepped up. >> even the marines are doing a great job. >> even the marines are. now, we have to see, will the supreme court also keep pace in our time with the other major institutions. >> chad, you're the export. i supported it, my wife has for years. hrc, you have a hell of a great name, human rights campaign, great name. >> life, liberty and property cannot be denied except by due process of law. you have to break a law to lose your liberty. it has to be a crime. you can't be denied liberty, your thoughts on that issue and how that can be used in this constitution. >> that's exactly right. is there no state right. the plaintiffs in this case, the fu
. >> if you are gay and alive in our time in america, we're living in a kind of a policy and civil rights renaissance. we have seen extraordinary leadership from other parts of government already. we -- don't we judge presidents by whether they stand tube the moment of history in which they live. we have seen president obama step up to this issue, gay marriage. >> "don't ask, don't tell" now saying he won't enforce doma. >> our military has stepped up. >> even...
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Dec 28, 2012
12/12
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. >> happy new year's america. ♪ 29 and a half hours that is how long congress will have to avoid going over the fiscal curve on sunday night. >> if we go over the cliff, mr. president, the house of representatives as we speak with four days left after today with the first of the year, aren't here. i can't mamg they are out wherever they r and we are here trying to get something done. >> president obama called leaders last night and tomorrow afternoon we will meet with the speaker and mix mcconnel and harry reid to see if they can avoid going off the fiscal curb on january 1st. today harry reid emphasized that there is ome one reason why they are unable to reach an agreement so far. >> this has been going on for years. they cannot cross over the threshold. people are not propose iing mak the taxes like them. john boehner could not even pass the tax proposal he passed over there. he said no, can't do that. didn't he bring it up for a vote? >> tonight, speaker boehner's office put out this statement. >> joining me now are our guests. clearly the positioning game continues. harry reid sayi
. >> happy new year's america. ♪ 29 and a half hours that is how long congress will have to avoid going over the fiscal curve on sunday night. >> if we go over the cliff, mr. president, the house of representatives as we speak with four days left after today with the first of the year, aren't here. i can't mamg they are out wherever they r and we are here trying to get something done. >> president obama called leaders last night and tomorrow afternoon we will meet with the...
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Dec 1, 2012
12/12
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but if you are the united states of america, you are in luck. because everybody wants to come to you. which brings us to today. the house voted and passed a jobs bill. i repeat, because that's important. the house passed a jobs bill today. and it was based on one of mitt romney's best ideas in the entire campaign. >> i also think that we should give visas to people, green cards rather, to people who graduate with skills that we need. people around the world with accredited degreeses in science and math. get a green card and come to the u.s. of a. >> don't get too excited. the stem jobs act would give visas to 55,000 immigrant who have advanced degrees in science, technology, engineering or math, stem. the problem with the bill, only 27 democrats supported, is that it would eliminate 55,000 visas from the diversity vees why program. the diversity visa program is a lottery system to provide immigrants from areas with low immigration rates with the clans it come to america. democratic congresswoman of california represents silicon valley. they are
but if you are the united states of america, you are in luck. because everybody wants to come to you. which brings us to today. the house voted and passed a jobs bill. i repeat, because that's important. the house passed a jobs bill today. and it was based on one of mitt romney's best ideas in the entire campaign. >> i also think that we should give visas to people, green cards rather, to people who graduate with skills that we need. people around the world with accredited degreeses in...
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Dec 11, 2012
12/12
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CURRENT
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if so, then the nine states allowed gay marriage can be the nevada of america, and so even if 41 states don't let you get married in that state if you can go to another state get married and come back, we're go to have gay marriage across the country very soon. >> eliot: akhil that's is a hugely important point. we had to respect if from massachusetts and canada, and there was a constitutional provision that says that you must respect the laws of other states. >> full faith and credit. >> eliot: you used that as a stepping stone to then gay marriage in new york itself. the same thing that you did in new york would happen nationally. the full faith in credit could be a stepping stone to national gay marriage. richard socarides and akhil reed amar. thank you as always for your time. republicans need to face the real facts about climate change. those types are coming on to me all the time now. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten commandments is what you're telling me. >> you would rather deal
if so, then the nine states allowed gay marriage can be the nevada of america, and so even if 41 states don't let you get married in that state if you can go to another state get married and come back, we're go to have gay marriage across the country very soon. >> eliot: akhil that's is a hugely important point. we had to respect if from massachusetts and canada, and there was a constitutional provision that says that you must respect the laws of other states. >> full faith and...
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Dec 31, 2012
12/12
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. >>> from america's news headquarters i'm patti ann browne. in new york, bit temperatures marking the end of 2012 across the northeast. southern new england hardest hit by the second winter storm in less than a week. up to a foot of snow reported there. almost five merrill lynch inches fell across pennsylvania. many travelers headed home after the holidays may find getting there a bit tough. the airlines had to cancel or tee lay more than 1500s flights over the weekend. just hours away now from the biggest new year's eve party in the world. monday night, new york's times scare will be packed with more than a million revelers. security will be a top priority. the nypd assigning thousands of extra cops. they will be assisted by bomb sniffing dogs. the police commissioner promises it will be the safest place in the world. i'm patti ann browne. now, back to "justice" with judge jeanine. janeane. >> welcome back to this special ed kigs digs of "justice." president obama on his own u.n. bams dorr. >> i was clear that susan has been an outstanding u.
. >>> from america's news headquarters i'm patti ann browne. in new york, bit temperatures marking the end of 2012 across the northeast. southern new england hardest hit by the second winter storm in less than a week. up to a foot of snow reported there. almost five merrill lynch inches fell across pennsylvania. many travelers headed home after the holidays may find getting there a bit tough. the airlines had to cancel or tee lay more than 1500s flights over the weekend. just hours...
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Dec 31, 2012
12/12
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CNNW
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that's the real middle class in america. as i see this thing developing, quite frankly as i have said before, no deal is better than a bad deal. this looks like a bad deal the way this is shaping up. so i just want to make it clear. i'm all in favor of compromise. i've been here a long time. i have made a lot of compromises. >> that's tom harkin, the democratic senator from iowa saying this deal doesn't look good to him. if a deal is reached in congress, the president still has to sign it. president obama set his terms and challenged the house and senate to get it it done. brianna keilar joins me now. is the president just sitting in the oval office waiting for a bill to get delivered to him? where's he in all of this? >> reporter: vice president biden is very much the president's proxy in all of this. it's easy to understand why. both the president and vice president served in the senate, but biden served in the senate for decades with all of the players that he now has to engage with. he knows the personalities. he knows t
that's the real middle class in america. as i see this thing developing, quite frankly as i have said before, no deal is better than a bad deal. this looks like a bad deal the way this is shaping up. so i just want to make it clear. i'm all in favor of compromise. i've been here a long time. i have made a lot of compromises. >> that's tom harkin, the democratic senator from iowa saying this deal doesn't look good to him. if a deal is reached in congress, the president still has to sign...
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Dec 31, 2012
12/12
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the judges approved the adoption the boy is scheduled to be brought to america next month. looks like that won't happen. long adopted by americans when she was 13 months old who won a gold medal at paralympic games is not better off being able to attain a gold most couldn't dream of in your country. put tin is a met tore in politics say ago press conference with president bush the deck has been dealt and we are here to play. adoptive parents with big hearts and other fans with little chance of a future have been dealt a very bad hand. that's it for us. [ roasting firewood ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, serving the needs of americans 50 and over for generations. so it's no surprise millions have chos
the judges approved the adoption the boy is scheduled to be brought to america next month. looks like that won't happen. long adopted by americans when she was 13 months old who won a gold medal at paralympic games is not better off being able to attain a gold most couldn't dream of in your country. put tin is a met tore in politics say ago press conference with president bush the deck has been dealt and we are here to play. adoptive parents with big hearts and other fans with little chance of...
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Dec 28, 2012
12/12
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CNBC
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we spend about $90 billion a year in cap-ex restoring america's infrastructure. so these are things that are critical not only to southern but the hole utility industry. >> ed, where do you think, john, what should we do with dividends? >> i think rates are going to go up. because we already have the obama care. >> so what? >> i think we'll probably see 20% for both not counting the obama care. >> is that the right answer? >> well, i'd like to keep them as low as possible. but given that they're going to need to raise some money, my guess is they're going to go up modestly. i think 20 is probably about right. it's a better answer than ordinary income rates on dividends. but i'd like to ask tom, you know, people who point to the dividend effect also think it might be overblown because about 70% of dividend paying stocks are owned by investors, either foreigners, or in tax -- you know, tax exempt plans, retirement accounts, where tax rate doesn't matter. does that make you feel a little bit better about what might be going on in washington? >> no. look, we know tha
we spend about $90 billion a year in cap-ex restoring america's infrastructure. so these are things that are critical not only to southern but the hole utility industry. >> ed, where do you think, john, what should we do with dividends? >> i think rates are going to go up. because we already have the obama care. >> so what? >> i think we'll probably see 20% for both not counting the obama care. >> is that the right answer? >> well, i'd like to keep them as...
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Dec 31, 2012
12/12
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that's if you break it down by every man, woman and child in america. that's the per capita fiscal cliff effect. but that effects a lot of people differently here. $26.2 million. that's the number of americans that will be caught by the amt, the alter naf tax system, unless congress comes up with a patch and that's part of the whole fiscal cliff effect. come on over here, we'll show you more. 2.1 million, that's the number of long term unemployed americans who will lose the extended benefits again if there's no fix to the fiscal cliff. $1,000, that's the amount that the average family will see a tax hike from the expiration of the payroll tax cuts. i would point out this is probably both away. both sides seem to be on board with undoing that temporary tax cut. 9% is the percent deutsche bank sees the unemployment rate up from the 7.8% where we are right now if we do go over the fiscal cliff. and then this number here, again, john harwood was talking about this, 8.2%, that's the across the board automatic cuts. fema, education, and of course state and lo
that's if you break it down by every man, woman and child in america. that's the per capita fiscal cliff effect. but that effects a lot of people differently here. $26.2 million. that's the number of americans that will be caught by the amt, the alter naf tax system, unless congress comes up with a patch and that's part of the whole fiscal cliff effect. come on over here, we'll show you more. 2.1 million, that's the number of long term unemployed americans who will lose the extended benefits...
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Dec 31, 2012
12/12
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WBAL
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. >> maryland could be hard hit if america goes off the fiscal cliff. >> kim dacey is live with the details. good morning. >> we have a lot of federal workers and businesses that rely on the federal government. some say it would affect maryland more so than in other states. there was a report that estimates just how adverse the impact would be. researchers estimate maryland would lose $117 million in federal funding next year. the greater impact could be a huge hit in income tax revenue. the state will lose about $260 million in 2013. at least 53,000 full and part- time jobs would be lost in 2013. >> i have heard as many as 115,000 jobs. so 53,000 jobs would be conservative but i've heard it expressed as even higher. >> many families could wind up paying more taxes. kim dacey, wbal-tv 11 news. >> thank you. if any progress is made, you'll find it first at wbaltv.com. you can read an explanation on how we got here in the first place. >> police continued to search for the suspect involved in a deadly shooting outside of a glen burnie bar. this happened around 5:30 on sunday evening. a person
. >> maryland could be hard hit if america goes off the fiscal cliff. >> kim dacey is live with the details. good morning. >> we have a lot of federal workers and businesses that rely on the federal government. some say it would affect maryland more so than in other states. there was a report that estimates just how adverse the impact would be. researchers estimate maryland would lose $117 million in federal funding next year. the greater impact could be a huge hit in income...
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Dec 12, 2012
12/12
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CURRENT
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well 30 years ago marked the major beginning of the decline of unionization in america. since the year 2000, the median wage is now 8% below adjusted for inflation what it was then and the attack on labor unions continues. right now in contrast to the 1950s, 1960s and early 1970s when more than a third were labor unions, right now fewer than 7% of workers are unionized. yet apparently that's still too much for the radical right for the billionaires, for the koch brothers, for sheldon adelson and others who have been fighting unions for years. they now in the heartland in michigan with republican majority, in a lame duck session of the michigan legislature they are pushing through anti-union so-called right-to-work legislation. >> eliot: look we certainly don't want to appear as though we're ignoring the other multitude of factors that relate here. technology globalization. as you point out as the percentage of workers in unions has dissipated. only 7% are in unions in the work force the power of unions has withered and the negotiating power of workers has diminished comp
well 30 years ago marked the major beginning of the decline of unionization in america. since the year 2000, the median wage is now 8% below adjusted for inflation what it was then and the attack on labor unions continues. right now in contrast to the 1950s, 1960s and early 1970s when more than a third were labor unions, right now fewer than 7% of workers are unionized. yet apparently that's still too much for the radical right for the billionaires, for the koch brothers, for sheldon adelson...
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Dec 3, 2012
12/12
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KTVU
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and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >> the lump of coal you get for christmas, a scrooge christmas. >> it was not a serious proposal. and so, right now we are almost nowhere. >> chris: president obama accusing republicans of being willing to raise taxes on 98% of americans, while speaker boehner says it is the president who is unwilling to compromise. and it is time for our sunday group, bill kristol of the weekly standard. mara liasson of national public radio, republican strategist ed rollins and former democratic senator evan byah. you heard for the last half-hour, tim geithner and john boehner, each say they are being reasonable and it is the other side's fault. bill you have been through your share of washington negotiations. what strikes you about what you heard today? >> geithner is in a stronger position, in the respect. the president is net and hi
and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >> the lump of coal you get for christmas, a scrooge christmas. >> it was not a serious proposal. and so, right now we are almost nowhere. >> chris: president obama accusing republicans of being willing to raise taxes on 98% of americans, while speaker boehner says it is the...